Key Facts
- Diffraqtion, co-founded by Johannes Galatsanos, has emerged victorious at the Slush 100 competition in Helsinki, winning €1 million (approximately $1.15 M) after competing against over a thousand applicants.
- Diffraqtion is recognized as an early-stage deeptech startup rooted in MIT, focusing on developing next-generation visual AI hardware and software to enhance machine perception.
- The company aims to create smart cameras that can see 20 times further and process information a thousand times faster than existing technology, according to its LinkedIn page.
- Prior to winning the Slush 100 competition, Diffraqtion had secured a total of $4 million in funding, comprising $1.5 million from the U.S. (DARPA) and $2.5 million from American investment capital.
Greek startupper Johannes Galatsanos is part of the team that beat over a thousand applicants to win this year’s Slush 100 competition in Helsinki for his Boston-based MIT spinout, Diffraqtion, earning €1 million ($1.15 M).
GreekReporter.com